Earlier this week FedEx said it expects an increase in holiday shipments this year, and now UPS is echoing that prediction. UPS is planning for a 10% hike in packages this holiday season by bringing on “just-in-time labor” and other company measures.

Consumer confidence took a dip in October, falling to 97.6 from the 102.6 reading in September, according to the latest data from the Conference Board. Less optimism about the job market and short-term outlook dragged confidence down this month.

British regulators are giving Anheuser-Busch InBev more time to make its formal offer to acquire SABMiller. Anheuser-Busch InBev and SABMiller reached a takeover deal in principle earlier this month, but a formal offer is needed, and Anheuser-Busch InBev now has until Nov. 4 to do so.